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Eat & Beyond Global Holdings (XCNQ:EATS) Gross Margin % : 0.00% (As of Jan. 2024)


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What is Eat & Beyond Global Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Eat & Beyond Global Holdings's Gross Profit for the three months ended in Jan. 2024 was C$0.00 Mil. Eat & Beyond Global Holdings's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. Therefore, Eat & Beyond Global Holdings's Gross Margin % for the quarter that ended in Jan. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Eat & Beyond Global Holdings's Gross Margin % or its related term are showing as below:

XCNQ:EATS' s Gross Margin % Range Over the Past 10 Years
Min: -126.8   Med: 1381.92   Max: 2688.24
Current: -126.8


During the past 4 years, the highest Gross Margin % of Eat & Beyond Global Holdings was 2688.24%. The lowest was -126.80%. And the median was 1381.92%.

XCNQ:EATS's Gross Margin % is ranked worse than
95.42% of 524 companies
in the Asset Management industry
Industry Median: 51.705 vs XCNQ:EATS: -126.80

Eat & Beyond Global Holdings had a gross margin of N/A% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Eat & Beyond Global Holdings was 0.00% per year.


Eat & Beyond Global Holdings Gross Margin % Historical Data

The historical data trend for Eat & Beyond Global Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eat & Beyond Global Holdings Gross Margin % Chart

Eat & Beyond Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Jul23
Gross Margin %
- - 75.59 2,688.24

Eat & Beyond Global Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.37 - -4,650.00 - -

Competitive Comparison of Eat & Beyond Global Holdings's Gross Margin %

For the Asset Management subindustry, Eat & Beyond Global Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eat & Beyond Global Holdings's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eat & Beyond Global Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Eat & Beyond Global Holdings's Gross Margin % falls into.



Eat & Beyond Global Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Eat & Beyond Global Holdings's Gross Margin for the fiscal year that ended in Jul. 2023 is calculated as

Gross Margin % (A: Jul. 2023 )=Gross Profit (A: Jul. 2023 ) / Revenue (A: Jul. 2023 )
=-0.5 / -0.017
=(Revenue - Cost of Goods Sold) / Revenue
=(-0.017 - 0.44) / -0.017
=2,688.24 %

Eat & Beyond Global Holdings's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=0 / 0.003
=(Revenue - Cost of Goods Sold) / Revenue
=(0.003 - 0) / 0.003
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Eat & Beyond Global Holdings  (XCNQ:EATS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Eat & Beyond Global Holdings had a gross margin of N/A% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Eat & Beyond Global Holdings Gross Margin % Related Terms

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Eat & Beyond Global Holdings (XCNQ:EATS) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1060, Guiness Tower, Vancouver, BC, CAN, V6Z 2E9
Eat & Beyond Global Holdings Inc focuses on investments in the plant-based protein and meat alternative food industry. Its investments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities.

Eat & Beyond Global Holdings (XCNQ:EATS) Headlines

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